Exchanges
BSE, NSE
Industry
Civil Construction
Issue
Book building

IRCON International IPO

₹415.30

−12.57% on listing

Listing-day close · NSE · 28 Sep 2018 · issue price ₹475

IRCON International’s ₹467 crore IPO was priced at ₹475 a share. It listed on the NSE on 28 Sep 2018 and closed its first day at ₹415.30, down 12.57% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹467 Cr
Fresh issue
—
Offer for sale
₹467 Cr
Lot size
30 shares
Minimum investment
₹14,250
Face value
₹10
Registrar
Kfin Technologies

Subscription

IRCON International IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—9.52×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹4,467 Cr
Promoter holding
99.71% → 89.18%

From the offer documents.

Listing

Listing date
28 Sep 2018
Issue price
₹475
Open
₹412.00
High
₹465.00
Low
₹409.10
Close
₹415.30

Listing day on the NSE. The close was −12.57% on the issue price.

IRCON share price today

FAQs

When did the IRCON International IPO open and close?

It opened on 17 Sep 2018 and closed on 19 Sep 2018.

What was the IRCON International IPO price?

The price band was ₹470–475 a share. The final issue price was ₹475.

What is the lot size and minimum investment?

One lot is 30 shares, ₹14,250 at ₹475 a share. Retail investors apply in whole lots.

How much did IRCON International raise?

₹467 crore: ₹467 crore offered by existing shareholders.

How many times was the IRCON International IPO subscribed?

9.52 times overall.

How did IRCON International list?

It listed on the NSE on 28 Sep 2018 at ₹412.00 and closed the day at ₹415.30, down 12.57% on the ₹475 issue price.

Who is the registrar of the IRCON International IPO?

Kfin Technologies handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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